6 Billion Reasons Daily Why Goldman's Derivative Guru Expects A Year-End Meltup

Last week we showed that at a time when even Goldman's top derivatives trader is stumped who is buying (suggesting naively that retail traders are behind the market's endless meltup), the answer is starting everyone in the face: buybacks, buybacks, and once again, buybacks.

We also showed that the week ending Oct 11 was the peak of the buyback blackout period, and starting this week, more and more companies will re-enter their respective buyback intervals.